Steven Spielberg and Will Smith had been planning to profane Chan-wook Park's classic revenge film Oldboy ("Yes, animals were harmed or killed during the making of this film") by doing a Hollywoodized remake (think lots less really graphic violence, lots more standard Smith watered-down street punk jive) but the deal has now fallen apart.
This is good news for those who hate Spielberg and Smith and all they stand for, but bad news for fans of the original who had been looking forward to that exquisite arthouse-snot moment when they got to verbally destroy their lame friend who never saw the Korean version but just looooooooved when that cutie Will Smith beat up all those bad guys.